Arabian Post Staff -Dubai Middle Eastern sovereign wealth funds, which manage trillions of dollars in assets on behalf of governments, significantly increased their investments in China last year. According to a new report by research firm Preqin, these funds deployed a record $2. 3 billion into Chinese companies in 2023, marking a substantial leap from the previous year’s total of $300 million. Analysts attribute this surge in […]
Telecom giant Ooredoo’s CEO has revealed that chipmaker Nvidia is poised for a major launch in the Middle East, a region facing limitations on imports of advanced US-made artificial intelligence (AI) technologies. The details of Nvidia’s launch and the specific products it will offer remain unclear, but the move signifies the company’s intent to tap into a growing market while navigating the complexities of US export regulations. […]
Toilet rolls, detergents and toiletries are all fine in their original packaging, survey says – but some personal care and high value items should be covered. 80% of those surveyed want to shop with retailers that reduce packaging materials. Since 2021, Amazon has increased the number of non-grocery orders sent without added delivery packaging from our Fulfilment Centre to Singapore customers by 80 %. SINGAPORE – Media […]
HONG KONG SAR – Media OutReach Newswire – 21 June 2024 – Creatory, a multi-channel B2B2C influencer platform and a subsidiary of MoneyHero Limited (NASDAQ: MNY), today announced its collaboration with The Club, HKT’s customer loyalty programme, to boost Hong Kong’s creator economy. (From left to right) Clive Chow, Chief Operating Officer, The Club ; Dhruv Johri, Head of Commercial – Hong Kong, MoneyHero Group; Shravan Thakur, […]
COLORADO, USA – Media OutReach Newswire – 21 June 2024 – PTOUNX Exchange recently unveiled a significant technological advancement with its new cryptocurrency cross-chain trading system. This system, leveraging cutting-edge technology, connects different blockchain networks, enhancing trading efficiency and convenience. It provides users with more diverse trading options and fosters industry development. PTOUNX’s journey with cross-chain technology highlights its rapid response to industry trends. Traditionally, transferring assets […]
BEIJING, CHINA – Media OutReach Newswire – 22 June 2024 – China is talking about New Quality Productive Forces, as it embarks on a transformative journey, the world is watching closely. Bionic humanoid robot provides consultation services for the guests, Beijing New Quality Productive Forces encompasses emerging industries, including new materials, green industry, and high-end equipment. It also covers future-oriented industries such as the meta-verse, brain-computer interfaces, […]
Starting your own eCommerce business can be an exciting and rewarding experience. With the growth of online shopping, there has never been a better time to enter the world of eCommerce. However, building a successful eCommerce business from scratch requires careful planning and execution. In this guide, we will discuss the essential steps you need to take to start your own eCommerce business. Market Research Before starting […]
Financial services giant Franklin Templeton announced the appointment of Hardeep Dogra to its Global Sukuk and MENA Fixed Income team, bolstering its expertise in Islamic finance. Dogra joins the team as a Portfolio Manager and Research Analyst, bringing his experience to a unit recognized as one of the largest globally focused on sukuk investments. Franklin Templeton has established a strong presence in the Middle East and North […]
Executive Editor of The New York Times, Joseph Kahn, spoke about the vital role of journalism in a polarized era HONG KONG SAR – Media OutReach Newswire – 21 June 2024 – The Society of Publishers in Asia (SOPA), a Hong Kong-based not-for-profit organization dedicated to encouraging the highest standards in journalism, today announced the winners of its prestigious annual Awards for Editorial Excellence. These recognize outstanding […]
HONG KONG SAR – Media OutReach Newswire – 20 June 2024 – Today, KGI Asia has released its 2024 Mid-Year Global Market Outlook, which covers regions including Mainland China, Hong Kong, Taiwan, the US, Singapore, and Indonesia. (From left to right) Kenny Wen, Head of Investment Strategy at KGI Asia, and James Chu, Chairman at KGI Investment Advisory While the world is fighting against inflation, the economic […]
A recent industry report revealed a troubling trend:global dependence on fossil fuels reached an all-time high in 2023, despite significant growth in renewable energy sources. The report, titled “Statistical Review of World Energy, ” found that fossil fuel consumption climbed 1. 5% compared to 2022, pushing emissions to record levels as well. This rise comes even as renewable energy generation reached new heights, accounting for nearly 15% […]
The United Arab Emirates (UAE) is experiencing a surge in credit facilities available to its business and industrial sectors. According to recent data, the total value of credit facilities surpassed a staggering $206. 2 billion, marking a significant boost for the nation’s economic engine. This growth is attributed to a confluence of factors, including strategic government initiatives, increased bank lending, and a maturing financial sector. The UAE […]
Riding the crest of a surging meme coin trend, Sealana, a Solana-based cryptocurrency, is nearing the end of its pre-sale window, with supporters predicting a significant price increase upon launch. The pre-sale concludes in just five days, and according to several crypto news outlets, Sealana has already garnered significant interest, exceeding $3 million in raised capital. This fundraising milestone has fueled speculation of Sealana replicating the success […]
KYIV, UKRAINE – Media OutReach Newswire – 20 June 2024 – Takeda Ukraine, an affiliate of the global research-based pharmaceutical company, was recently certified as a Best Place to Work for 2024. This prestigious recognition underscores Takeda Ukraine’s unwavering commitment to fostering a workplace culture that prioritizes employee well-being, professional growth, and inclusivity. Takeda Ukraine’s commitment to employee satisfaction and engagement is reflected in its comprehensive benefits […]
The European Union’s ambitions to become a leader in electric vehicle (EV) battery production are facing a significant setback due to a price war ignited by China and hefty subsidies offered by the United States. The EU initially set out a plan to establish a robust domestic battery industry, aiming to capture a significant share of the rapidly growing EV market. However, Chinese battery manufacturers, backed by […]
BANGKOK, THAILAND – Media OutReach Newswire – 20 June 2024 – As the world is shifting from the global warming phenomenon to “global boiling” which aggravates the severity of the environmental problem, the effort to create “low-carbon society” has become an urgent priority. However, it is a challenging task to encourage business organizations, consumers and all sectors in the society to go beyond their same old behavior […]
Saudi Arabia’s capital, Riyadh, is surging as a breeding ground for innovative startups, according to a recent report by Startup Genome, an international research organization. The report ranks Riyadh as the fourth most promising startup ecosystem in the Middle East and North Africa (MENA) region. This impressive achievement is just one facet of a broader trend – three Saudi Arabian cities secured spots on the prestigious list. […]
AI-powered platform enables 24/7 monitoring and analysis, provides stronger detection and faster response HONG KONG SAR – Media OutReach Newswire – 20 June 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced its strong performance in threat detection and high actionability rating in the latest MITRE Engenuity ATT&CK® Evaluations report for managed services. Kevin Simzer, COO at Trend: “Not all services […]
Major new global study by CSC finds uplift in market optimism 76% of global respondents believe market conditions will improve within five years, with the use of SPVs also set to grow Private debt professionals are the most optimistic regarding market conditions Greater deal complexity and a growing burden of regulation are impacting use of SPVs Outsourcing to SPV administrators set to grow, aided by more sophisticated […]
The Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, has entered into a strategic partnership with a leading Indian defense company, according to sources familiar with the deal. Specific details regarding the agreement, including the identity of the Indian company and the size of the stake acquired, remain undisclosed. However, industry analysts suggest the move signifies ADIA’s growing interest in the burgeoning […]
Over 70% of SMEs Expect Business Growth of At Least 4% Close to 60% Eye Development in Greater Bay Area HONG KONG SAR – Media OutReach Newswire – 19 June 2024 – Dah Sing Bank, Limited (“Dah Sing Bank” or “the Bank”) said today that according to the findings of its “2024 Survey on Business Opportunities for SMEs” (the “Survey”), Hong Kong’s small and medium enterprises (“SMEs”) […]
